According to the most recent data on the cost of living, Red Oak has an overall cost of living index of 98 which is 1.0x lower than the national index of 100.
Compared to only Texas, Red Oak has a cost of living index that's 1.0x higher than Texas's index of 94.
The standard of living in Red Oak ranks as #2,890 most affordable out of the 6,418 places we measured in Texas. By definition, that implies Red Oak ranks as the #3,528 most expensive place in the Lone Star State.
|Living Expense||Red Oak||Texas||National Average|
Housing swings affordability the most between places in Texas, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|Statistic||Red Oak||Texas||United States|
|Median Home Value||$225,900||$187,200||$229,800|
|Home Value To Income||2.9x||2.9x||3.5x|
|Rent To Monthly Income||0.19x||0.2x||0.2x|
|City||Population||Cost Of Living||Vs. Red Oak|
|Grand Prairie, TX||193,835||99||1.0x|
|Cedar Hill, TX||48,337||103||1.1x|